$4,900,000
$850K PRICE DROP

Estimated payment $28,930/month

Total Views 8,252
3.12 Acres
$1,570,513 Price per Acre
135,907 Sq Ft Lot

Highlights

  • Golf Course Community
  • 3.12 Acre Lot
  • No HOA
  • Medical Services
  • Property is near public transit
  • Jogging Path

About This Lot

Prime Development Opportunity – Fully Entitled 46-Unit Site. Presenting a rare multifamily development opportunity in the highly desirable town of Stoneham, MA. This fully entitled site is approved for 46 residential units, offering a streamlined path to construction in one of Greater Boston’s most dynamic submarkets. Strategically located with convenient access to I-93 and I-95, the site is just minutes from downtown Stoneham, local amenities, and a short commute to Boston. The property sits in a strong rental and for-sale market supported by excellent school systems, vibrant community life, and proximity to regional employers. With all approvals in place, this development is ideally positioned for investors or developers seeking to capitalize on strong demand in the area. Whether you're building for sale or long-term rental income, this is a turn-key opportunity to deliver a high-quality residential project in a high-barrier-to-entry market.

Listing Agent

Gianni De Palma

GDP Real Estate Group, LLC Listed on: 05/01/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,793

Lot Details

  • 3.12 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Cul-De-Sac
  • Elevated Lot

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Water Source Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 772677

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$21,793

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN2491

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public, Private Road
  • Waterfront YN: No

Utilities

  • Sewer: Nearby
  • Gas: Nearby
  • Electric: Nearby
  • Water Source: Nearby

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 772677
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Elevated, Other, Cul-De-Sac
  • Lot Size Acres: 3.12
  • Lot Size Area: 3.12
  • Lot Size Sq Ft: 136054
  • Lot Size Units: Acres
  • PAGE: 0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 21793
  • Tax Book Number: 0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $4,900,000 0.0% $92 / Sq Ft
07/14/2025 07/14/25 Price Changed $4,900,000 -14.8% --
05/01/2025 05/01/25 For Sale $5,750,000 0.0% $108 / Sq Ft
05/01/2025 05/01/25 For Sale $5,750,000 +379.2% --
08/19/2022 08/19/22 Sold $1,200,000 +531.6% --
12/14/2018 12/14/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $190,000 0.0% --
05/16/2018 05/16/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $190,000 0.0% --
03/15/2018 03/15/18 Pending -- -- --
12/28/2017 12/28/17 Price Changed $190,000 -5.0% --
08/10/2017 08/10/17 For Sale $200,000 -83.3% --
08/08/2017 08/08/17 Off Market $1,200,000 -- --
05/09/2017 05/09/17 For Sale $200,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73367950

MLS Property Information Network (MLS PIN)